Game theory in markets: strategic decision making, from theory to dot-com and crypto bubbles.

The prisoner's dilemma describes a situation in which two parties act on an incentive to protect themselves at the expense of ...

When robots work safely with humans, they can provide clear benefits. Industries facing labor shortages, such as elder care, could see relief. Physically demanding jobs might also become safer for ...

In blockchain, game theory transforms trustless environments into robust ecosystems by designing incentives that reward honesty and punish misconduct.

Game Theory is a theoretical framework that predicts human behavior in the context of cooperative dilemmas. Students of economics will remember that Game Theory teaches us the importance of trust ...

Game theory, computers, the atom bomb—these are just a few of things von Neumann played a role in developing, changing the 20th century for better and worse.

The Game Theory Hidden in the Mind of Sherlock Holmes In the early 20th century, a mathematician and economist sought the optimal strategy for Holmes to escape Moriarty’s pursuit ...

Experts apply evolutionary game theory, which combines techniques from economics and biology, and complex system analysis to investigate the relationship between inequality and intolerance.